LMAX Digital volumes put in a nice rebound on Wednesday. Total notional volume for Wednesday came in at $735 million, 39% above 30-day average volume.

Bitcoin volume printed $299 million on Wednesday, 18% above 30-day average volume. Ether volume came in at $93 million, 16% above 30-day average volume.

Looking at average position size over the past 30 days, we’re seeing average bitcoin position size at $10,228 and average position size for ether at $2,300.

Market volatility has cooled off since topping out in December. We’re looking at average daily ranges in bitcoin and ether of $3,585 and $183 respectively.

A recent poll in the US should start turning heads after revealing over half of the respondents had sold stocks or gold to buy bitcoin.

Other interesting takeaways from the poll included 38% of respondents wanting to increase their crypto investments after the Trump victory and 77% of respondents planning to increase crypto investments in 2025.

All of this sets the stage for a promising 2025 as we get set for a new US administration that has shown it is very committed to embracing crypto innovation and the web3 economy.

Of course, after suffering from an early 2025 setback, the market is also finding its feet on momentum from traditional markets.

Tuesday’s round of softer US producer prices was followed up on Wednesday with a below forecast core US CPI read.

The data opens the door to the possibility of more rate cuts than less in 2025, which in turn has invited broad based US Dollar selling.

The US Dollar selling has extended into the world of crypto assets, also benefiting from the risk on implication from the softer inflation data, which has fueled renewed momentum for US equities.